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Uber’s $14 Billion Blunder – Not Buying Out Lyft When it Had the Chance

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By CCN.com: As the headlines fill with talk of a mad dash for the Lyft IPO, Uber must be wondering why they didn’t crush their rival when they had the chance. It is not like these two companies came up together; Uber has always been more prominent and more global. So why did they allow Lyft to become such a thorn in their side? Uber Thought $9 Billion Lyft Price Tag Was Way Too Expensive Well, it’s not like Uber didn’t consider buying Lyft. In 2014 there was some talk of a buyout, but the valuation was deemed to be

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* First published on ccn.com

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